New equilibrium concept revolutionizes rational multiparty computation in dynamic games!
The article strengthens the equilibrium concept for rational multiparty computation by using perfect Bayesian equilibrium in dynamic games with imperfect information. This concept is more suitable for cryptographic protocols where information is intentionally imperfect. By considering sequential player moves, the need for a broadcast channel is eliminated. The definitions of privacy, correctness, and fairness are redefined in terms of game theory constructs.